Rudolph
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Fed's Goolsbee: Makes sense to wait to get more clarity before moving
Federal Reserve Bank of Chicago President Austan Goolsbee argued on Friday that it would make sense to wait to get more clarity on the inflation outlook before taking a policy step. Key takeaways "Progress on US inflation has stalled." "Fed's current restrictive monetary policy is appropriate." "Pro
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Week ahead – US GDP and BoJ decision on top of next week’s agenda [Video]
US GDP, core PCE and PMIs the next tests for the Dollar. Investors await BoJ for guidance about next rate hike. EU and UK PMIs, as well as Australian CPIs also on tap. Earnings season heats up as tech giants report. Will US data throw more Fed rate cuts off the table? The dollar staged a strong reco
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EUR/JPY found buyers after three waves pull back
In this technical article we’re going to take a quick look at the Elliott Wave charts of EURJPY, published in members area of the website. As many of you already know, we’ve been leaning towards long positions in YEN pairs. EURJPY recently pulled back in a 3-wave pattern, with buyers stepping in rig
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Stubborn UK wage growth weighs on rate cut hopes, as European stocks suffer heavy falls
The UK labour market data did not deliver the news that the market was expecting. Wage growth failed to moderate as expected, with headline wages remaining at 5.6%, and wages excluding bonuses falling back a notch to 6%, the market had expected a deeper decline to 5.8%. The labour market data was a
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Finland Inflation Slows To 2.2%, Lowest In 31 Months
Finland's consumer price inflation moderated further in March to the lowest level in just over two-and-a-half years, preliminary data from Statistics Finland showed on Monday. The consumer price index climbed 2.2 percent year-over-year in March, slower than the prior month's 3.0 percent gain. Furthe
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Drone attack: Nothing flaring risk off, so far
The market's reaction to the drone attack hinges on the prevailing narrative investors adopt. Should they view it through the lens of a single, isolated event, or do they perceive it as a precursor to a more significant conflict? The answer to this question will shape market sentiment and asset pric
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Pull-up Update